Foresight Energy Invests in Illinois
Built largely on the vision of its namesake Chris Cline and developed by a visionary top management team led by CEO Michael Beyer, CFO Donald Holcomb, Senior Vice President of Mining Operations Drexel Short and Vice President of Sales and Marketing Michael Moran, Foresight is building out a fleet of complexes that will have the capacity to ...
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Coal Tycoon with Southern Illinois Mines Dies in Helicopter …
A West ia coal tycoon with ties to the Tri State died unexpectedly yesterday. Chris Cline, self made billionaire and founder of Foresight Energy, along with his daughter …
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Billionaire Coal Baron Chris Cline Dies In …
Billionaire coal baron Chris Cline and six others have died in a helicopter in the Bahamas, his lawyer confirmed. ... U.S., on Tuesday, June 21, 2010. In 2002, Cline spent $300 million for mining ...
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Mining Illinois: is it time up for coal mining?
In July, the industry was shaken further by the death of Illinois's "King of Coal" Christopher Cline, a billionaire coal tycoon and founder of Foresight Energy. Cline, who was well known for his efforts to revive Illinois' mining industry, tragically died in a helicopter crash in the Bahamas along with his daughter.
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Billionaire Battles Native Americans Over Iron Ore Mine
Chris Cline became a billionaire through his investments in Illinois coal mines. His privately held Foresight Energy is rolling in profits while other coal companies are failing.
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Chris Cline, owner of Foresight Energy LLC, left, walks with …
Chris Cline, owner of Foresight Energy LLC, left, walks with Roger Dennison, president of MaRyan Mining LLC, at Foresight Energy LLC's Shay coal mine in Carlinville, Illinois, U.S., on Tuesday, June 21, 2010. In 2002, Cline spent $300 million for mining rights, land and equipment inIllinois, betting on coal his rivals were abandoning.
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Shay 1 Mine
In 2009 ExxonMobil sold the mine to Macoupin Energy LLC, part of the Cline Group, owned by Chris Cline, which also owns Hillsboro Energy and has mines elsewhere in Illinois and West ia. Monterey was ExxonMobil's last active coal mine. Owner: Macoupin Energy; Parent company: Cline Group; Location: 14300 Brushy Mound Road, Carlinville, IL
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CHRIS CLINE Obituary (1958
CHRIS CLINE AND KAMERON CLINE, July 5, 1958-July 4, 2019; March 21, 1997-July 4, 2019. Chris Cline never forgot his upbringing in the West ia coal mines. As his business savvy made him a billion
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Kameron Collieries closer to reopen massive coal mine in
The Cline Group, headed by self-made billionaire and coal mining magnate Chris Cline, is one of the top 20 coal producers in the U.S. with a capacity of about 10 million tons per year.
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UPDATE | Memorial service for Chris Cline and daughter after
In 2003, the Cline Group sold its mature mining and processing concerns in Appalachia to focus on new opportunities in the Illinois Basin. Anticipating renewed interest in high sulfur, high Btu ...
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Billionaire U.S. Coal Baron Christopher Cline Dies …
(Bloomberg)—Christopher Cline, the billionaire coal tycoon best known for reviving Illinois' mining industry and making a fortune doing it, died in a helicopter crash Thursday. Cline died...
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Chris Cline | Biography, Pictures and Facts
Chris Cline is a mining entrepreneur and humanitarian. He owns the majority shares of the Foresight Reserves. Known as the 'New King Coal' he is credited for the revival of the Illinois coal industry. With a net worth of 1.2 billion dollars, …
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Who is Chris Cline, coal-mining mogul in crash with FL ties
According to Foresight Energy's web page, Cline, who was born in Beckley, West ia, on July 5, 1958, began his career in the coal industry in 1980 at the age of 22.. He had followed his ...
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'He had that vision': Billionaire coal exec Cline shaped …
Chris Cline, the founder of Foresight Energy who died in a helicopter crash July 4, was known for running highly productive mines and his well-timed pivot from Central …
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Billionaire Chris Cline dies in a helicopter crash near the
Cline grew up in a coal family – his father and grandfather worked at mines. He started working as an underground miner in West ia in 1980 at age 22, and a decade later founded his energy ...
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Christopher and Kameron Cline | Obituary | The Register …
Christopher and Kameron Cline passed away. This is the full obituary where you can share condolences and memories. ... His coal enterprises took him from Appalachia to Illinois to Canada. He offered cash incentives to his miners, installed advanced and safe mining equipment, and was ahead of his time in anticipating the market for coal ...
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'He had that vision': Billionaire coal exec Cline shaped …
Chris Cline, the founder of Foresight Energy who died in a helicopter crash July 4, was known for running highly productive mines and his well-timed pivot from Central Appalachia to the more lucrative Illinois Basin. ... in developing low-cost mining operations drew the attention of other companies who engaged him to provide contract mining ...
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West ia Coal Billionaire Cline Killed in Helicopter Crash
Coal tycoon Chris Cline, who worked his way out of West ia's underground mines to amass a fortune and become a major Republican donor, has died in a helicopter crash outside a string of ...
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Chris Cline
Chris Cline is the majority owner of the private firm Foresight Reserves, LP, which owns or controls more than three billion tons of coal reserves in the Illinois and Northern Appalachian coal basins..Cline also owns The Cline Group, a parent company to Hillsboro Energy and Gogebic Taconite. In his online biography, Cline describes himself, "[Cline] has developed and …
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Risk-taking came naturally to coal king Cline
Cline's cousin recalls tow-headed, scrape-kneed Chris mining dirt under the porch, earning a penny a bag from his dad. (The dirt would be used to pack explosives into coal seams.)
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Billionaire Coal Executive Chris Cline Reported …
Forbes reports that Cline got his start working in coal mines at age 15 and his fortune grew when he "bet big" on high-sulfur coal reserves in Illinois. Cline took his coal mining firm ...
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W.Va. coal billionaire Cline, daughter killed in helicopter crash
CHARLESTON, W.Va. -- Coal tycoon Chris Cline, who worked his way out of West ia's underground mines to amass a fortune and become a major Republican donor, has died in a helicopter crash ...
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Billionaire US coal baron Cline dies in helicopter crash
Christopher Cline, the billionaire coal tycoon best known for reviving the Illinois mining industry and making a fortune doing it, died in a helicopter crash Thursday.
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Who Is Chris Cline? 5 Things About Elin Nordegrens Ex Who …
As of 2017, Chris's net worth was estimated at nearly $2 billion. Coal mining began in Chris's family with his grandfather, and in 1980, Chris's father bought out his partner in their coal business and gave the shares to Chris. He excelled in the industry and was regarded as a big reason that the coal industry revived in Illinois.
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The Last Coal Tycoon
READ MORE: New Kids On The Mining Block. Cline has since upgraded his transportation. He spends 400 hours a year in the air – most of it on his $50 million Embraer Lineage 1000 – shuttling between his homes, making due-diligence tours of mines in Australia and Colombia, or hauling a Forbes camera crew to Nova Scotia, where he has been operating …
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Foresight Reserves
Foresight Reserves LLC is a private company primarily owned by Chris Cline. Cline estimates that mining rights to his 4 billion tons of Illinois coal are worth at least $3 billion. Dennis Kostic, president of the consulting firm International, puts the value at $4 billion. Cline exports 40 percent of his coal, mainly to Europe, and increasingly to China and India.[1]
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Citizens Against Longwall Mining | Protecting central Illinois
Illinois coal proponents welcomed Chris Cline Group, an affiliate of Colt Coal from West ia. ... and safety from the high hazard coal slurry structures containing toxic heavy metals which will remain after the mining ends. Phone the Illinois Department of Natural Resources 217-782-6302 and Land Reclamation Division 217-782-4970 and tell ...
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A black outlook
Cline, who made his fortune mining coal in Appalachia, bet big on Illinois coal at the dawn of the 21st century, quietly securing sufficient reserves in the Land of Lincoln to make his company, Foresight Energy, …
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Christopher "Chris" Cline (1958-2019)
Chris Cline never forgot his upbringing in the West ia coal mines. As his business savvy made him a billionaire, he did not forget his hometown of Isaban, his home state or its people, especially children, in need. Mr. Cline, 60, died Thursday in a helicopter crash off the coast of his private island Big Grand...
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Chris Cline: New King Coal
Chris Cline, owner of Foresight Energy LLC, poses in Foresight Energy LLC's Shay coal mine in Carlinville, Illinois. ... The next day, he decided to spend $300 million for mining rights, land and ...
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